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Tampa Electric Plans to $800 Million Investment in New Solar Power Generation

LCG, February 24, 2020--Tampa Electric recently announced plans to expand its use of solar power to meet customer needs in Florida. The company plans to invest approximately $800 million to add 600 MW of solar electric generating capacity by the end of 2023, when the total solar capacity would exceed 1,250 MW. Solar power will then account for about 14 percent of the utility's energy.

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AWEA Issues Fourth Quarter 2019 Market Report

LCG, February 7, 2020--The American Wind Energy Association (AWEA) recently released its new U.S. Wind Industry Fourth Quarter 2019 Market Report. AWEA reports new wind turbine installations have added 5,476 MW of electric generating capacity during the fourth quarter, which results in 2019 installations totaling 9,143 MW. The total installations represent an increase over 2018, but the total for 2019 falls short of total annual installations for 2015 and 2016. In addition to new capacity additions, developers completed 2,500 MW of turbine repowerings for the year.

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PRESS RELEASES

EIA Publishes Regional Electricity Supply and Pricing Forecasts Using UPLAN Model (8/13/2019)

LCG, August 13, 2019--The U.S. Energy Information Administration announced that it is revising the presentation and modeling of its forecasts for electricity supply and market hub pricing to better reflect current electricity markets and system operations in the U.S. Beginning with the August 2019 Short-Term Energy Outlook, the new forecasting approach models electricity markets using the UPLAN production cost optimization software developed by LCG Consulting.
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Previous Press Releases

EIA Publishes Regional Electricity Supply and Pricing Forecasts Using UPLAN Model (8/13/2019)
ERCOT 2019 Summer Quarter Outlook (5/29/2019)
2019 ERCOT Outlook report available from LCG Consulting (1/8/2019)
Impacts of High Variable Renewable Energy Futures (5/23/2018)
ERCOT 2018 Summer Quarter Outlook (5/22/2018)
In LCG’s 2018 ERCOT Outlook (3/21/2018)
Future of Natural Gas-fired Generation in the Electric Sector (3/1/2018)
ERCOT 2017 Summer Quarter Outlook (7/13/2017)
What can ERCOT expect in 2017? Two new studies published (2/27/2017)
Update report on congestion in the Texas Panhandle (2/16/2017)
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